“The midsized plan asset segment is representative of the DC market segment in which the boutique DC consultant is most prevalent and growing its marketshare,” Cerulli reports.
LIMRA finds that consumers want a one-stop-shopping approach to financial advice, which allows them to receive guidance on all aspects of their financial life from a single source.
A new report, “Everything You Wanted to Know About BICE But Were Afraid to Ask,” offers plan officials key insights on the requirements of the fiduciary rule and the best-interest contract exemption.
Research by Charles Schwab finds majority of employees would engage with a financial wellness program if offered one, and employers are taking note.
Fiduciary Benchmarks is planning to launch a series of services in response to the DOL’s conflict of interest rule.
In the midst of ongoing litigation regarding excessive fees, plan sponsors need an understanding of the different fund share classes available and how they affect fee structure.
The new tool helps employers compare expenses such as administrative and fund-lineup fees against that of three major recordkeepers.
“About 45% of households believe the financial advice they receive is free, or they are unsure whether they pay for financial advice, but there are several forces driving consumers’ attentiveness to fees,” according to a new study by Cerulli Associates.
A new survey finds that as implementation of the DOL’s fiduciary rule approaches, more than half of advisers expect to increase investment in client service and compliance technology.
As the implementation date for the Department of Labor (DOL)’s Conflict of Interest rule approaches, Capital One Investing will be moving away from commission-based products within its retirement-account services.
“The history of the ERISA industry has shown that any time there’s real change there is also real opportunity that comes along with it.”
The investment advisery firm Edward Jones says it will look to grandfather IRA relationships acquired before April 2017, while also instituting some fundamental changes to process and product to comply with the new fiduciary rule for ongoing and new relationships.
Data & Research
How to determine which clients are profitable
Using an independent RIA can mean the difference between information on plan fees … and no information whatsoever.
The Vendor Affinity Program aims to provide a pricing advantage for LPL advisers.
Deep thinking about work flows and client segmentation is needed to surpass the $100 million mark in assets under advisement.
ShareBuilder 401k, a specialist in low-cost retirement plans built on exchange-traded funds, is waiving new plan setup fees from May 4 through May 17.
Firms across the financial services spectrum are adapting to increased adviser teaming and the growing importance of partnership approaches to financial advice and institutional investment consulting.
Invesco has updated its DC Plan Analyzer application to include detailed cost benchmarking capabilities that allow advisers to deliver plan expense comparisons directly to sponsor clients.
Low balance limits and initial investment hurdles in the President’s “myRA” proposal will likely restrict the number of service providers bidding on related contracts with the Treasury.